As a major winter storm prepared to bear down on Oklahoma with snow and ice and potential power outages, natural gas prices on Thursday slowed their dramatic increases. But are utilities and state leaders monitoring energy activities to make sure the state does not see a repeat of what happened 5 years ago? They’re not …
Category: Oil & Gas
Crude slipped 2% and natural gas prices dropped
Crude prices retreat after geopolitical pressure eases Crude oil prices fell about 2% on Thursday after President Donald Trump appeared to soften earlier comments about acquiring Greenland and taking potential military action against Iran following its violent crackdown on anti-government protesters. Markets had been reacting earlier this week to heightened geopolitical risk tied to Iran …
Advanced merger talks between Devon Energy and Coterra Energy
As Oklahoma prepares for a hard winter blast, the weather isn’t the main subject at hand for representatives of two major oil and gas companies—Oklahoma City’s Devon Energy and Houston’s Coterra Energy. Talks of a possible merger by the two firms are said to be “advancing.” One such report stated they were in “advanced …
Halliburton saw a major increase in 4Q net income
Halliburton Company recorded a dramatic increase in net income in the fourth quarter totaling $589 million or 70 cents a share. The Houston-based firm released fourth quarter earnings and said it comes to net income in the third quarter of 2025 of $18 million or 2 cents a share. Halliburton said the 4Q, the adjusted …
Energy Briefs: Data centers, oil, power and policy
U.S. Energy & Policy Data center construction outlook Sixty-five percent of contractors expect the data center construction market to grow over the next 12 months, compared to just 8% who expect it to shrink, according to the Associated General Contractors of America’s 2026 construction hiring and business outlook released Jan. 8. Google turns to CO₂ …
Different kind of storm warning from former regulator
A Warning from former Oklahoma Corporation Commissioner Bob Anthony Former Oklahoma Corporation Commissioner Bob Anthony issued a warning this week about the winter storm that is moving into the state, raising questions whether ratepayers of utilities will end up being soaked because the utilities were not prepared for the storm that froze Oklahoma 5 …
Crude up but natural gas soared
Crude oil prices made slight gains Wednesday after a shutdown of two large oilfields in Kazakhstan, but in Oklahoma, the bigger story might be the sudden increase in natural gas prices as the state braces for an expected strong winter storm. Natural gas prices soared 25% on Tuesday and by late Wednesday afternoon, they were …
Mitchell talks energy with Jerry Bohnen–stormy weather, gas price hikes and more
https://www.facebook.com/reel/19238351452161 A wintery blast hitting Oklahoma isn’t the only storm in the state as Scott Mitchell and Jerry Bohnen discuss soaring natural gas prices, data centers, electric price hikes and more on their latest podcast of Mitchell Talks Energy with Jerry Bohnen.
Energy Briefs: Oil Supply, Power Rates, Global Markets
United States ** The Texas oil industry is bracing for potential margin pressure as President Trump pledges to push crude prices toward $50 per barrel and increase U.S. access to Venezuelan oil, a move analysts say could make breakeven economics even more challenging for producers. ** In her first official action as governor, New Jersey …
Continental Resources shutting down drilling in North Dakota
While his Continental Resources company is expanding drilling efforts in Argentina, Oklahoma oilman Harold Hamm confirms a pause in drilling in North Dakota where the company created its reputation. Low oil prices are to blame. Continental has three drilling rigs located in North Dakota, heart of the Williston Basin but it has idled one rig …